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ChainCatcher News, according to Jinse Finance, Dubai has recently launched a comprehensive financial industry reform plan aimed at propelling itself into the ranks of the world's top three financial centers. The Dubai Government Media Office stated that under the newly introduced "Dubai Financial Sector Strategy" framework, virtual assets, capital markets, and fintech will become key pillars of Dubai's future economic growth. According to the Dubai government's plan, Dubai will leverage this financial industry reform initiative to accelerate the upgrade of its already leading digital asset infrastructure and promote the transformation of traditional finance into digital financial services. The virtual asset industry was established three years ago under the UAE Virtual Asset Law, and currently contributes about 0.5% to Dubai's GDP, which is 2.2 billion dirhams (approximately 600 million USD). As the scale of the virtual asset ecosystem gradually expands, Dubai aims to increase this contribution to around 3%, or 13 billion dirhams (approximately 3.5 billion USD).

ChainCatcher news, according to Cryptonews, the Central Bank of Russia hopes to use tokenization solutions to allow foreign buyers to purchase shares of domestic companies. Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, discussed this matter during a side event at a recent financial forum. When asked about the tokenization of Russian stocks, the central bank executive gave a positive response, calling it a "feasible option." However, Chistyukhin pointed out that overseas participants need to provide solutions at both the technical and platform levels. He stated: "In this area, foreign partners will play an important role. I am referring to those foreign entities interested in tokenizing Russian assets for trading overseas."